Mishra United Group Fourteen years, five platforms New Delhi
Five operating businesses under one balance sheet, and a habit of building the systems they run on rather than waiting for someone to sell them to us.
The portfolio
Each business is capitalised to stand on its own and is measured on returns over a full cycle. What they share is the group's project delivery office, treasury, and a habit of buying assets nobody else wants to operate.
Built for one operator, proven on many.
The group's engineering arm, and the reason SubseaCore exists. We build systems for operating businesses that generic enterprise software fits badly — heavy industry, offshore, regulated. Each product starts inside one of our own platforms, earns its keep there, and is only then offered to operators outside the group.
From subsea tieback to fiscal meter.
Two operated offshore blocks, and the measurement chain that turns what they produce into a number somebody will sign. As duty holder we carry the offshore obligation in full — verified personnel on board, competence assurance, marine logistics reconciled against every contract — while every barrel is allocated, metered and reported from a single system of record. That record is SubseaCore.
Group platform SubseaCore The offshore system of record this platform runs on — mobilization and POB verification, competence and certification, contract and payroll reconciliation, across nine connected modules. subseacore.comEvery rotation, routed and reconciled.
Corporate travel consulting for operators who move crews, not tourists. We source Marine and General fare networks in parallel, build a combined itinerary when no single network covers a rotation end to end, and reconcile every booking back to the contract it was flown against. The same routing engine runs inside SubseaCore.
What an engine drinks, and what it wears out.
Two lines of business under one roof. Montow, the group's lubricants brand, blends engine oils and industrial fluids for commercial fleets, marine engines and offshore equipment — every batch carrying a certificate of analysis back to the drum it was filled from. Alongside it we manufacture filtration and coolant lines, and wholesale a wider automotive equipment range to distributors and fleet workshops.
Square feet, let and looked after.
Twosqft is the group's real estate arm — commercial and industrial space held for income rather than resale. We buy, fit out and manage; leases run long, tenants are operating businesses, and the rent roll is reconciled with the same discipline we apply to a production allocation.
Group at a glance
Operating figures for the year ended 31 March 2025. Segment detail sits in the annual report.
0
Operators and contractors served
Across four continents
0
Products and platforms in production
Nine modules in the largest
0
Crew rotations managed each year
Booked, routed and reconciled
0kboe/d
Net production from operated blocks
Two offshore fields
0
OEM approvals held
Across the Montow range
0%
Uptime commitment on hosted platforms
Held to contract
Globally. Crews, cargo and contracts do not stop at a border, so neither does the way we are set up — one system of record and one set of controls, wherever the work is.
Commitments
Four commitments carry board-level accountability and sit in the remuneration policy. Progress is verified by a third party and restated each quarter, including when it slips.
BY 2045
An absolute reduction path with a 2019 baseline, no offsets counted before 2038.
BY 2029
6.0 GW contracted round-the-clock, matched hourly rather than annually.
BY 2030
Zero liquid discharge at every operated site, with recharge audited catchment by catchment.
ONGOING
Trade skilling in the districts where we hold licences, run with state ITIs — 118,000 to date.
“We are paid for patience, not for prediction.”
I started this house with one operating contract and a rule I had not yet written down: never own something you cannot run yourself. Fourteen years on, it is still the only screen we apply to a deal, and the reason we have said no far more often than yes.
The five platforms in this portfolio look unrelated, and on the customer side they are. What connects them is duration. A production system, an offshore block, a blending plant, a travel programme and a let building all ask the same question of an owner — can you fund it through a decade nobody enjoys? That is the question we have organised the company to answer.
Newsroom
Product releases, project milestones and appointments. Media enquiries go to the group communications desk.